Gap between deposit and credit growth continues to be wide: RBI data – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/gap-between-deposit-and-credit-growth-continues-to-be-wide-rbi-data/article68614992.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/gap-between-deposit-and-credit-growth-continues-to-be-wide-rbi-data/article68614992.ece Deposit growth of all scheduled banks has been lagging credit growth in the last few quarter, with the former de-growing by ₹5860

Air India posts 60% fall in losses at ₹4,444 crore in FY24: Tata Group – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/logistics/air-india-posts-60-fall-in-losses-at-4444-crore-in-fy24-tata-group/article68617220.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/air-india-posts-60-fall-in-losses-at-4444-crore-in-fy24-tata-group/article68617220.ece It also said that Air India has recorded its highest consolidated annual operating revenues of ₹51,365 crore, up 24.5 per cent over

Nearly 62,000 cases pending in High Courts over 30 years old, shows data | India News – Business Standard

https://www.business-standard.com/india-news/nearly-62-000-cases-pending-in-high-courts-over-30-years-old-shows-data-124090700328_1.html lipped from: https://www.business-standard.com/india-news/nearly-62-000-cases-pending-in-high-courts-over-30-years-old-shows-data-124090700328_1.html According to the National Judicial Data Grid (NJDG), nearly 2.45 lakh cases are pending in high courts which are 20 to 30

AAP labels GST on research grants as ‘tax terrorism’, seeks withdrawal | Politics News – Business Standard

https://www.business-standard.com/politics/aap-labels-gst-on-research-grants-as-tax-terrorism-seeks-withdrawal-124090700544_1.html Clipped from: https://www.business-standard.com/politics/aap-labels-gst-on-research-grants-as-tax-terrorism-seeks-withdrawal-124090700544_1.html The Modi government has issued a notice to all institutes, proposing to impose GST on research grants received since 2017, he said,

Fed Rate Cuts: A Look Back at Historical Market Responses and What to Expect Now – Investing Abroad News | The Financial Express

https://www.financialexpress.com/business/investing-abroad-fed-rate-cut-historical-analysis-of-market-reaction-to-us-fed-rate-cuts-3603799/ Clipped from: https://www.financialexpress.com/business/investing-abroad-fed-rate-cut-historical-analysis-of-market-reaction-to-us-fed-rate-cuts-3603799/ US Fed plans to cut the Fed funds rate starting in September, but the speed and extent of this key interest rate

Working capital cycle shortest in 25 years at 47.8 days, shows data

https://www.business-standard.com/industry/news/working-capital-cycle-shortest-in-25-years-at-47-8-days-shows-data-124090400004_1.html Clipped from: https://www.business-standard.com/industry/news/working-capital-cycle-shortest-in-25-years-at-47-8-days-shows-data-124090400004_1.html If the current trend holds, this would mark the shortest net working capital cycle in at least a quarter-century Listen to This

Households set to rebuild financial assets as income rises: RBI’s Patra | Finance News – Business Standard

https://www.business-standard.com/finance/news/rising-incomes-may-propel-household-asset-growth-says-rbi-s-michael-patra-124090300413_1.html lipped from: https://www.business-standard.com/finance/news/rising-incomes-may-propel-household-asset-growth-says-rbi-s-michael-patra-124090300413_1.html He noted that the rebuilding process has already begun, with household savings increasing from an average of 10.6 per cent between 2011

Banking for growth: PMJDY has improved financial inclusion. What next? | Editorial Comment – Business Standard

https://www.business-standard.com/opinion/editorial/banking-for-growth-pmjdy-has-improved-financial-inclusion-what-next-124090100703_1.html Clipped from: https://www.business-standard.com/opinion/editorial/banking-for-growth-pmjdy-has-improved-financial-inclusion-what-next-124090100703_1.html With deposit and credit facilities broadly in place, the government should now focus on spreading financial and digital literacy Listen to This

Signs of hope in GDP data: Will RBI’s 7.2% FY25 growth projection be met?

https://www.business-standard.com/opinion/editorial/signs-of-hope-in-gdp-data-will-rbi-s-7-2-fy25-growth-projection-be-met-124090100697_1.html Clipped from: https://www.business-standard.com/opinion/editorial/signs-of-hope-in-gdp-data-will-rbi-s-7-2-fy25-growth-projection-be-met-124090100697_1.html A continued growth momentum being seen will allow the central bank to focus on inflation and wait till it’s durably aligned to

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